Spacious Warehouse Near Downtown
931 N LIBERTY Street Jacksonville, FL 32206
For Sale
$675,000
5900 sq ft warehouse with office space near downtown.
Property Size5,896 SF
Lot Size0.15 Acres
Price / SF$114.48
Days on Market895
Property Features for 931 N LIBERTY Street
General Information
- Standard status
- Active
- Size
- 5,896 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1961
Listing Agency:
RE/MAX SPECIALISTS
(904) 476-1523
Listed By:
DANNY FONTAINE · License #3381862
(904) 476-1523
Source:
Exitrealty
Added: Feb 12, 2024
Changed: Jul 6
Last Checked: Jul 25 at 4:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SPECIALISTS
Investment Insights
Based on property information with market context.
This 5900 sq ft warehouse features a 14ft ceiling, providing ample vertical space. It includes office space, two bathrooms, and a Rotary Vehicle Lift. The property is located near downtown Jacksonville, offering convenient access to the city center.
Key Highlights
- 5900 sq ft warehouse space
- Convenient location near downtown Jacksonville
- 14ft ceiling height
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $8.40 |
| − Vacancy | −$2.7k | −$0.46 |
| EGI | $46.8k | $7.94 |
| − OpEx | −$7.0k | −$1.19 |
| NOI | $39.8k | $6.75 |
5,896 SF · lease $8.40/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,796 @ 7.0% cap · market cap 12.56%
Second Best
Retail
$952.0K
$833.0K – $1.11M
NOI $66,638 @ 7.0% cap · market cap 9.87%
Theoretical Best
Office A
$1.62M
$1.41M – $1.88M
NOI $113,062 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A Dependable Bail Bonds
Law Firm
Woodco Refinishing & Supply
Alternative Medicine Practice
Similar Off Market Nearby
- Synergy Moving Group — 50 N Laura St Suite 2500, Jacksonville, FL 32202
- Self-Storage at U-Haul — 400 W Ashley St, Jacksonville, FL 32202
FAQs
What type of property is this?
Warehouse - 5900 sq ft warehouse with office space near downtown.
Where is this warehouse located?
The property is located at 931 N LIBERTY Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 5900 sq ft warehouse space; Convenient location near downtown Jacksonville; 14ft ceiling height
